Global Trade Alert Message:On July 10th, 2018 the Trump Administration announced a list of tariffs on $200 billion worth of Chinese goods. Before these tariffs may go into effect, they must first undergo a two-month review process. (CNBC)
To view the latest list of proposed tariff increases, click here.
Global Trade Alert Message:On May 31st, 2018, the United States announced tariffs on imports of certain steel and aluminum products from Canada. In response, Canada will impose countermeasures that become effective July 1st (Department of Finance Canada).
Goods from Table 1 are subject to a 25% surtax.
Goods from Table 2 are subject to a 10% surtax.
To view the tables and more details, click here.
Global Trade Alert Message:USTR issues tariffs on Chinese products in response to unfair trade practices.
The first set of commodities for which additional duty has been levied via USTR: List 1
The second set of commodities which will undergo a further review and public comment period before a final determination is made via USTR: List 2
Exemptions for 25% duty on steel and 10% on aluminum for Mexico, Canada, and the EU expire midnight tonight!
Trump imposes tariffs on closest allies, Mexico and Europe announce retaliation via Washington Post
Mexico declares tariffs on pork, cranberries and a host of other U.S. products via Washington Post
General Rate Increase (GRI)
To Our Valued Customers,
We would like to inform you that carriers will implement the following General Rate Increase (GRI) for all dry, reefer, non-operative reefer, flat rack and open-top containers from East Asia to all USA and Canada destinations, as set out below. The amounts of the surcharge are as follows and are applicable to both dry and reefer shipments:
Effective: June 1st, 2018 (date of cargo receipt at origin)
Scope: East Asia to USA and Canada
USD 850 per 20’ standard container
USD 1000 per 40’ standard container
USD 1125 per 40’ high cube container
USD 1266 per 45’ container
East Asia is defined as being the countries of Japan, Korea, Taiwan, Hong Kong, China (PRC), Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Brunei, Indonesia, The Philippines and Russian Pacific Coast Provinces.
If you have any questions regarding this information, please contact your local sales representative or Logistics Plus at 866.LOG.PLUS (within Canada and United States). We thank you for your business and look forward to continually serving your global transportation needs.
Logistics Plus Inc.